HBK Sorce Advisory LLC Takes $580,000 Position in Cohen & Steers Infrastructure Fund, Inc $UTF

HBK Sorce Advisory LLC purchased a new stake in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) during the second quarter, Holdings Channel.com reports. The fund purchased 21,255 shares of the investment management company’s stock, valued at approximately $580,000.

Other hedge funds have also bought and sold shares of the company. Maridea Wealth Management LLC purchased a new stake in Cohen & Steers Infrastructure Fund during the second quarter valued at about $685,000. FORM Wealth Advisors LLC purchased a new stake in Cohen & Steers Infrastructure Fund in the 2nd quarter worth approximately $202,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in Cohen & Steers Infrastructure Fund during the second quarter valued at $230,000. Allied Private Wealth LLC bought a new stake in shares of Cohen & Steers Infrastructure Fund during the 2nd quarter valued at about $48,000. Finally, Quad Cities Investment Group LLC lifted its position in Cohen & Steers Infrastructure Fund by 5.5% during the second quarter. Quad Cities Investment Group LLC now owns 21,344 shares of the investment management company’s stock valued at $589,000 after purchasing an additional 1,114 shares during the last quarter.

Cohen & Steers Infrastructure Fund Stock Up 0.2%

Shares of UTF stock opened at $27.08 on Tuesday. The business has a 50-day moving average price of $27.42 and a two-hundred day moving average price of $26.79. Cohen & Steers Infrastructure Fund, Inc has a 12-month low of $23.42 and a 12-month high of $28.11.

Cohen & Steers Infrastructure Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be issued a $0.165 dividend. This represents a c) dividend on an annualized basis and a yield of 7.3%. The ex-dividend date of this dividend is Tuesday, September 8th.

About Cohen & Steers Infrastructure Fund

Cohen & Steers Infrastructure Fund, Inc (NYSE: UTF) is a closed-end management investment company that provides investors with exposure to global infrastructure assets. Listed on the New York Stock Exchange, the fund seeks to deliver total return through a combination of current income and capital appreciation. Since its inception in 2014, UTF has offered a vehicle for investors to access both equity and debt securities of companies operating in critical infrastructure sectors.

The fund’s portfolio is diversified across a range of infrastructure industries, including utilities, energy, transportation, and communications.